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Business News

Location American Business News for 30 March 2022
HDFC Bank's co-branded credit cards to account for 25-30% of spends in 3 years HDFC Bank is looking at more partnerships in the coming, and would eye digital-only cards, partnership with a large telecom player, and a large diversified multi-portfolio conglomerate
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Earlier in March, an official from the International Red Cross accused Russia of placing landmines along proposed humanitarian evacuation corridors.
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Does Johnson & Johnson Stock Have More Upside? The price of Johnson & Johnson stock has seen a rise of 5% in a month, while it's up 4% YTD. This optimism can be attributed to a court ruling that supported the company's plans to use the "Texas two-step" strategy. Unde...
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$540 Million Worth of 'Sleeping Bitcoins' From 2014 Move -- BTC Possibly Linked to Cryptsy Theft On March 29, blockchain parsers caught a sequence of 11 transactions totaling 11,325 bitcoin moving from unknown wallets created in 2014, to a great number of recipient addresses. Furthermore, the stash of bitcoin worth ...
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U.S. Business Enthusiasm About China Market Undimmed By Ukraine War - At Least So Far Geopolitics, meanwhile, is holding up a lot of Chinese investment in the U.S., U.S.-China Business Council's president says
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Brands Take Note--Soccer Will Become​​ the Top Sport in the US If you are in your 20s or older and were raised in the United States, it's likely you are a die-hard football, baseball, basketball or hockey fan. You may have possibly even been born into a team's fandom as part of your...
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WarnerMedia, Paramount Team Up for March Madness Alternative Measurement Test WarnerMedia and Paramount have brought alternative measurement to March Madness. The companies have teamed up for the first-ever alternative measurement test during the NCAA Division I Men's Basketball Tournament. Powere...
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PGIM MF withdraws term insurance cover under its Smart SIP The existing investors who are dependent on the insurance cover have to buy a new policy for their requirements
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Elon Musk: Tesla, SpaceX could have 'died' if billionaire's tax existed in 2008 Elon Musk has slammed the White House's plan to impose a "billionaires' tax" on the wealthiest Americans.
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Bitfinex Says Customers Ready to Splurge USD 0.5B on El Salvador's Bitcoin Bonds The crypto exchange Bitfinex, which will host the issuance of El Salvador's much-talked-about bitcoin (BTC) bonds, says that it has already received "half a billion dollars" worth of interest in the offering from its cus...
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Do Your AAPI Employees Feel Safe Coming Back to Work?

Harvard Business Review - 30 Mar 2022 16:05
Racism against the Asian American Pacific Islander community is still on the rise in the U.S. Here’s how leaders can support their teams.
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How Brands Can Navigate the Social Platform Ecommerce Boom

Retail Touch Points - 30 Mar 2022 16:05
How Brands Can Navigate the Social Platform Ecommerce Boom Navigating the past two years of digital changes has been a challenging yet invigorating time for brands and social media users alike. From the large spike of social platform users and increased time spent online to meas...
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Russian Ministry of Energy Calls for Urgent Legalization of Crypto Mining The legal vacuum in the crypto mining sector must be filled “as soon as possible,” according to a statement by Russian Deputy Minister of Energy Evgeniy Grabchak. The government official also called for introducing r...
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Bill Ackman Gives Up the 'Noisiest' Shareholder Activism

The New York Times - 30 Mar 2022 15:41
Bill Ackman Gives Up the 'Noisiest' Shareholder Activism Bill Ackman of Pershing Square Capital Management gives up the "noisiest" kind of shareholder agitation.
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Oil prices were regrouping and moving higher on Wednesday, with fresh skepticism emerging over progress in bringing an end to the Ukraine war.
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Lululemon Treads Into Sneaker Space

Wall Street Journal - 30 Mar 2022 14:33
As the athletic apparel retailer dips its toes into the women's sneaker market, slow and steady is probably the right pace.
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Investors Lose Taste for Chinese Consumer Stocks

Wall Street Journal - 30 Mar 2022 13:46
Surging commodity prices triggered by the war in Ukraine threaten to eat into profits of consumer-product makers, while Covid-19 lockdowns in China have dented demand for some goods.
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Nasdaq-Listed Microstrategy Obtains $205 Million Bitcoin-Backed Loan to Buy More BTC Nasdaq-listed Microstrategy has obtained a $205 million bitcoin-collateralized loan from Silvergate Bank through a subsidiary to buy more bitcoin. “The interest-only term loan is secured by certain bitcoin held in Macr...
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Nintendo said late Tuesday that it planned to release the sequel to the popular action-adventure game "The Legend of Zelda: Breath of the Wild" in the spring of 2023.
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A closely watched measure of the Treasury yield curve briefly inverts, underlining recession worries. Here's what it means for the stock market.
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B Real's New Line Of Cannabis Flower Rolls Into Dispensaries This Week Hip-Hop pioneer B Real is rolling out a new line of cannabis flower from his brand Dr. Greenthumb's.
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"Axie Infinity" publisher Sky Mavis Ltd. said on March 23, hackers infiltrated a part of its Ronin Network, which the game runs on. The infiltrators got access to accounts holding cryptocurrencies and drained 173,600 eth...
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